MCB Bank Car Finance

MCB Car4U financing solution helps you to own a car at competitive markup and insurance rates and benefits

Features and Benefits

Car Type

Car financing option for new, used, local and imported vehicles

Payment Plan

Tenure option up to 5 years

Easy Processing

Ready-to-go delivery and advance booking

Vehicle Age

Car financing for up to 9-year old vehicle

Financing Amount

Financing 70% of vehicle value

Extra Financing

Option to finance a second or third car

Pre-Payment Option

Prepay partial amount of loan after incurring charges

Car Loan Calculator

New Car
Used Car

One of Pakistan's first banks, MCB Bank was established in the private sector in 1947. In 1974 it was made national, and in 1991 it was made private. The Nishat Group, a well-known commercial conglomerate with diverse holdings in textiles, cement, banking, insurance, power generation, hotels, agriculture, dairy, auto manufacturing, and paper products, is the largest shareholder in MCB Bank. The Bank runs a strong and extensive network in Pakistan that includes more than 1,400 branches, 1,450 ATMs, and a global presence in the United Arab Emirates, Bahrain, and Sri Lanka. With more than 8 million customers, MCB dominates the banking and financial services industry in Pakistan. Customers can access MCB Bank online around-the-clock using our world-class internet banking system. With more than 1,600 locations, the Bank manages Pakistan's second-largest branch network. The Bank has earned the highest local credit ratings in the AAA and A1+ categories from PACRA for both long-term and short-term debt, respectively.

Required Documents

Copy of CNIC
2 passport-size photographs
Current salary slip/Proof of business
6 months' bank statement

Eligibility

You should be a Pakistani Identity Card Holder
Minimum income is PKR 40,000/-
Minimum employment duration: Salaried: 6 months, SEB: 1 year
Minimum age limit is 21 years
Maximum age limit is 65 years (salaried) and 70 years (SEP/SEB)

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